1. Summary Information

		Country	India
Company Name	MATHRUBHUMI PRINTING AND PUBLISHING COMPANY LIMITED	Principal Name 1	Mr. M. P. Veerendrakumar
Status	Good	Principal Name 2	Mr. P V Chandran
		Registration #	09-001522
Street Address	Mathrubhumi Building, K P Kesava Menon Road, Calicut-673001, Kerala, India
Established Date	15.02.1922	SIC Code	--
Telephone#	91-495-236933 / 2366544	Business Style 1	Printing
Fax #	91-495-2356656/ 2360062	Business Style 2	Publishing
Homepage	http://www.mathrubhumi.com	Product Name 1	Newspaper
# of employees	2000 (Approximately)	Product Name 2	Periodicals
Paid up capital	Rs.1,715,000/-	Product Name 3	Scrap
Shareholders	Directors or Relatives of Directors – 69.00% Other top Fifty Shareholders – 21.00% Others – 10.00%	Banking	State Bank of Travancore
Public Limited Corp.	NO	Business Period	92 Years
IPO	NO	International Ins.	-
Public Enterprise	NO	Rating	A (60)
Related Company
Relation	Country	Company Name	--
--	--	--	--
Note	-

2. Summary Financial Statement

Balance Sheet as of	31.03.2013		(Unit: Indian Rs.)
Assets		Liabilities
Current Assets	1,391,202,000	Current Liabilities	1,752,455,000
Inventories	332,829,000	Long-term Liabilities	1,601,816,000
Fixed Assets	2,784,905,000	Other Liabilities	662,670,000
Deferred Assets	0.000	Total Liabilities	4,016,941,000
Invest& other Assets	741,215,000	Retained Earnings	1,231,495,000
	0	Net Worth	1,233,210,000
Total Assets	5,250,151,000	Total Liab. & Equity	5,250,151,000
Total Assets (Previous Year)	4,453,388,000
P/L Statement as of	31.03.2013		(Unit: Indian Rs.)
Sales	Not Available	Net Profit	86,338,000
Sales(Previous yr)	Not Available	Net Profit(Prev.yr)	209,603,000

MIRA INFORM REPORT

Report Date :

28.06.2014

IDENTIFICATION DETAILS

Name :	MATHRUBHUMI PRINTING AND PUBLISHING COMPANY LIMITED
Registered Office :	Mathrubhumi Building, K P Kesava Menon Road, Calicut-673001, Kerala
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	15.02.1922
Com. Reg. No.:	09-001522
Capital Investment / Paid-up Capital :	Rs.1.715 Millions
CIN No.: [Company Identification No.]	U22110KL1922PLC001522
TAN No.: [Tax Deduction & Collection Account No.]	CHNM00052D
PAN No.: [Permanent Account No.]	AAACT8521G
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Subject is engaged in Printing and Publishing of Newspaper.
No. of Employees :	2000 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

A (60)

RATING		STATUS	PROPOSED CREDIT LINE
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large

Maximum Credit Limit :	USD 4900000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Exist
Comments :	Subject is a well-established company having a fine track record. The rating reflects company’s established market position in the newspaper industry in Kerala, and adequate financial risk profile and sound liquidity position of company. Trade relations are reported as fair. Business is active. Payments are reported to be regular and as per commitments. The company can be considered good for normal business dealings at usual trade terms and conditions.

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – March 31, 2014

Country Name	Previous Rating (31.12.2013)	Current Rating (31.03.2014)
India	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

INDIAN ECONOMIC OVERVIEW

N E W S

The economy grew 4.7 %in 2013/14, marking a second straight year of sub-5 % growth – the worst slowdown in more than a quarter of a century. The data was below an official estimate of 4.9 % annual growth and compared with 4.5 % in the last fiscal year. However, the current account deficit narrowed sharply to $ 32.4 billion at 1.7 % of gross domestic product, in 2013/14 from a record high of $ 98.8 billion or 4.7 %, the year before.A sharp fall in gold imports due to restrictions on overseas purchases and muted import of capital goods helped shrink the current account deficit.

Online retailer Flipkart has acquired fashion portal Myntra as it prepares to battle with the rapidly expanding India arm of the global e-commerce giant Amazon. The company raised $ 210 million from Russian Investment firm DST Global which has also invested in companies like Facebook, Twitter and Alibaba Group.

General Motors will start exporting vehicles from its Talegaon plant near Pune in the second half of 2014. GM was one of the few global carmakers that was using its India plant only for the domestic market.

Google has overtaken Apple as the world’s top brand in terms of value, according to global market research agency Millward Brown. Google’s brand value shot up 40 % in a year to $ 158.84 billion. The top 10 of the 100 slots were dominated by US companies.

Infosys lost another heavy weight when B G Srinivas, a board member put in his papers. He is the third CEO-hopeful to quit after Chairman N R Narayana Murthy’s return to the company – Ashok Vemuri and V Balakrishnan being the other two.While Vemuri went on to lead IGate, Balakrishnan joined politics.

Naresh Goyal – promoted Jet Airways posted biggest quarterly loss – Rs 2153.37 crore – in the three months ended March 31, mainly because it has been offering discounts to passengers to fill planes.

William S Pinckney – Chairman and CEO of Amway India was arrested by the Andhra Pradesh Police in connection with a complaint against the direct selling firm. This is the second time that he has been taken into custody. A year, ago the Kerala Police had arrested Pinckney and two company directors on charges of financial irregularities.

China has told its state-owned enterprises to sever links with American consulting firms after the United States charged five Chinese military officers wih hacking US companies. China’s action which targets consultancies like McKinsey & Co. and the Boston Consulting Group, sterns from fears that the first are providing trade secrets to the US governments.

India has emerged as a country with some of the highest unregistered businesses in the world. Indonesia has the maximum number of shadow businesses, says a study of 68 countries by Imperial College Business School in London.

Pfizer has abandoned its attempt to buy AstraZeneca for nearly $ 118 billion after the latter refused an offer of 55 pounds a share.

EXTERNAL AGENCY RATING

Rating Agency Name	CRISIL
Rating	Long Term Rating = A
Rating Explanation	Adequate degree of safety and low credit risk
Date	22.11.2013

Rating Agency Name	CRISIL
Rating	Short Term Rating = A1
Rating Explanation	Very strong degree of safety and lowest credit risk.
Date	22.11.2013

RBI DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2012.

INFORMATION PARTED BY (GENERAL DETAILS)

Name :	Mr. Sanjeevan N.
Designation :	Senior General Manager (Finance Department)
Contact No.:	91-495-2369333
Date :	26.06.2014

LOCATIONS

Registered Office :	Mathrubhumi Building, K P Kesava Menon Road, Calicut-673001, Kerala, India
Tel. No.:	91-495-2369333 / 2366544 / 2356655 / 2356252 / 2356544 / 2369333 / 2366144 / 2368222 / 2368333 / 2360222 / 2366443 / 2369222/ 2360333 / 2760997 / 2760998
Fax No.:	91-495-2356656 / 2360062
E-Mail :	info@mathrubhumi.com mathrclt@md2.vsnl.net.in mbiclt@mpp.co.in mbiclt@gmail.com sivadas.fcs@gamil.com
Website :	http://www.mathrubhumi.com
Factory :	10 Location in Kerala

DIRECTORS

As on 20.09.2013

Name :

Mr. Maniyamkode Padmaprabha Veerendrakumar

Designation :

Chairman and Managing Director

Address :

Puliyarmala Estate, Kalpetta North, South Wynad – 673121, Kerala, India

Date of Birth/Age :

22.07.1936

Date of Appointment :

11.11.1979

DIN No.:

00114996

PAN No.:

ABPPV6306E

Other Directorship :

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U22110KL1922PLC001522	MATHRUBHUMI PRINTING AND PUBLISHING CO LIMIED	Managing director	11/11/2010	11/11/1979	-	Active	NO
2	U99999DL1951PLC002023	THE INDIAN NEWSPAPER SOCIETY.	Director	23/09/1983	23/09/1983	-	Active	NO
3	U74899DL1947PLC103246	THE PRESS TRUST OF INDIA LIMITED	Director	29/11/1984	29/11/1984	-	Active	NO

Name :

Mr. Parayarukandi Vettath Chandran

Designation :

Whole Time Director

Address :

Keralakala Azhachavattom, Calicut, Kozhikode – 673007, Kerala, India

Date of Birth/Age :

23.11.1939

Date of Appointment :

01.09.1994

DIN No.:

00115059

PAN No.:

ACEPC5244J

Other Directorship :

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U01116KL1975PTC002693	KALPAKA RUBBER PLANTATIONS PRIVATE LIMITED	Director	28/05/1975	28/05/1975	-	Active	NO
2	U60231KL1973PTC002480	KALPAKA TRANSPORT CO PRIVATE LIMITED	Director	28/05/1975	28/05/1975	-	Active	NO
3	U85110KL1976PTC002850	P V S HOSPITAL PRIVATE LIMITED	Director	7/10/1976	7/10/1976	-	Active	NO
4	U15311KL1981PTC003403	SOUBAGYAM FOOD INDUSTRIES PRIVATE LIMITED	Managing director	2/8/1982	2/8/1982	-	Active	NO
5	U85110KL1992PLC006573	PVS MEMORIAL HOSPITAL LIMITED	Director	25/06/1992	25/06/1992	-	Active	NO
6	U22110KL1922PLC001522	MATHRUBHUMI PRINTING AND PUBLISHING CO LIMITED	Whole-time director	1/9/2009	1/9/1994	-	Active	NO
7	U85110KL1996PLC010260	LAKESHORE HOSPITAL AND RESEARCH CENTRE LIMITED	Director	31/12/2003	31/12/2003	-	Active	NO
8	U50101KL2004PTC017051	KTC AUTOMOBILES PRIVATE LIMITED	Director	21/04/2004	21/04/2004	-	Active	NO
9	U50101KL2004PTC017295	PVS AUTOMOTIVE COMPANY PRIVATE LIMITED	Managing director	23/07/2004	23/07/2004	-	Active	NO
10	U99999DL1951PLC002023	THE INDIAN NEWSPAPER SOCIETY.	Director	28/09/2006	28/09/2006	-	Active	NO
11	U50100KL2012PTC031573	KTC CARS (INDIA) PRIVATE LIMITED	Director	3/7/2012	3/7/2012	-	Active	NO

Name :

Mr. Parayarukandi Vettath Nidhish

Designation :

Whole Time Director

Address :

Keralakala Azhachavattom, Calicut – 673007, Kerala, India

Date of Birth/Age :

13.03.1970

Date of Appointment :

05.06.1994

DIN No.:

00114891

PAN No.:

ABKPN8019M

Other Directorship :

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U22110KL1922PLC001522	MATHRUBHUMI PRINTING AND PUBLISHING CO LIMITED	Whole-time director	1/10/2013	5/6/1984	-	Active	NO
2	U15311KL1981PTC003403	SOUBAGYAM FOOD INDUSTRIES PRIVATE LIMITED	Director	20/05/1992	20/05/1992	-	Active	NO
3	U85110KL1992PLC006573	PVS MEMORIAL HOSPITAL LIMITED	Director	25/06/1992	25/06/1992	-	Active	NO
4	U60210KL1974PTC002617	SARADHI LINES PRIVATE LIMITED	Managing director	12/6/1997	12/6/1997	-	Active	NO
5	U50101KL2004PTC017051	KTC AUTOMOBILES PRIVATE LIMITED	Managing director	21/04/2004	21/04/2004	-	Active	NO
6	U50101KL2004PTC017295	PVS AUTOMOTIVE COMPANY PRIVATE LIMITED	Director	1/10/2005	1/10/2005	-	Active	NO
7	U60231KL1973PTC002480	KALPAKA TRANSPORT COMPANY PRIVATE LIMITED	Director	19/03/2006	19/03/2006	-	Active	NO
8	U91110KL1931NPL001527	THE MALABAR CHAMBER OF COMMERCE	Director	22/09/2006	22/09/2006	-	Active	NO
9	U50100KL2012PTC031573	KTC CARS (INDIA) PRIVATE LIMITED	Managing director	3/7/2012	3/7/2012	-	Active	NO

Name :

Mr. Maniyamkode Veerendralumar Srayams Kumar

Designation :

Whole Time Director

Address :

Anandamandiram, Puliyar Mala, Kalpetta North, South Wynad – 673121,Kerala,India

Date of Birth/Age :

15.04.1967

Date of Appointment :

20.09.2006

DIN No.:

00877099

Other Directorship :

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U22110KL1922PLC001522	MATHRUBHUMI PRINTING AND PUBLISHING COMPANY LIMITED	Whole-time director	1/10/2013	20/09/2006	-	Active	NO
2	U74300MH1991GAP062428	INDIA CHAPTER OF INTERNATIONAL ADVERTISING ASSOCIATION.	Director	17/01/2012	17/01/2012	-	Active	NO

Name :

Mr. Maniyamkode Jinachandran Vijaya Padman

Designation :

Whole Time Director

Address :

Vjaya Mahal, Kalpetta North, South Wynad – 673121, Kerala, India

Date of Birth/Age :

17.04.1951

Date of Appointment :

01.07.2004

DIN No.:

00114930

Name :

Mr. Parayarukandy Vettath Gangadharan

Designation :

Director

Address :

Keralakala, Azhchavattom Calicut, Kozhikode – 673007, Kerala, India

Date of Birth/Age :

08.08.1943

Date of Appointment :

08.04.1984

DIN No.:

00115031

PAN No.:

ADHPG8318B

Other Directorship :

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U01116KL1975PTC002693	KALPAKA RUBBER PLANTATIONS PRIVATE LIMITED	Managing director	28/05/1975	28/05/1975	-	Active	NO
2	U85110KL1976PTC002850	P V S HOSPITAL PRIVATE LIMITED	Director	7/10/1976	7/10/1976	-	Active	NO
3	U15311KL1981PTC003403	SOUBAGYAM FOOD INDUSTRIES PRIVATE LIMITED	Director	2/8/1982	2/8/1982	-	Active	NO
4	U22110KL1922PLC001522	MATHRUBHUMI PRINTING AND PUBLISHING COMPANY LIMITED	Director	8/4/1984	8/4/1984	-	Active	NO
5	U85110KL1992PLC006573	PVS MEMORIAL HOSPITAL LIMITED	Director	25/06/1992	25/06/1992	-	Active	NO
6	U64204KL2000PLC013934	INDIAVISION SATELLITE COMMUNICATIONS LIMITED	Director	17/05/2000	17/05/2000	21/02/2011	Active	NO
7	U50101KL2004PTC017051	KTC AUTOMOBILES PRIVATE LIMITED	Director	21/04/2004	21/04/2004	-	Active	NO
8	U50101KL2004PTC017295	PVS AUTOMOTIVE COMPANY PRIVATE LIMITED	Director	23/07/2004	23/07/2004	-	Active	NO
9	U91110KL1931NPL001527	THE MALABAR CHAMBER OF COMMERCE	Director	28/09/2012	22/09/2006	-	Active	NO
10	U45201KL2007PTC020311	CELEBRITY VILLAS INDIA PRIVATE LIMITED	Director	6/2/2007	6/2/2007	-	Active	NO
11	U60231KL1973PTC002480	KALPAKA TRANSPORT COMPANY PRIVATE LIMITED	Director	19/03/2007	19/03/2007	-	Active	NO
12	U50100KL2012PTC031573	KTC CARS (INDIA) PRIVATE LIMITED	Director	3/7/2012	3/7/2012	-	Active	NO

Name :

Mr. Vattaparambil Bhaskara Menon

Designation :

Director

Address :

Advocate FF 6B29, Maruti, Vasanthi Nagar, Kochi – 682025, Kerala, India

Date of Birth/Age :

31.07.1938

Date of Appointment :

12.03.1979

Din No.:

00115473

Name :

Mr. Anakkara Vadakath Madhavan Achuthan

Designation :

Whole Time Director

Address :

D – 505, SDM Vihar, Opposite Sangham Theatre, R K Puram New Delhi 110022, New Delhi, India

Date of Birth/Age :

15.06.1926

Date of Appointment :

30.04.1985

Din No.:

00115114

Name :

Mr. Thandayam Parambil Kunhikrishnan Jayarajan

Designation :

Director

Address :

Kalpaka, Tali Calicut – 673006, Kerala, India

Date of Birth/Age :

07.07.1939

Date of Appointment :

20.09.2006

Din No.:

00049770

KEY EXECUTIVES

Name :	Mr. Gopala Krishnan
Designation :	Secretary
Address :	5/38, Shree Nilayam, Eranhipalam Calicut – 673006, Kerala, India
Date of Birth/Age :	10.07.1933
Date of Appointments:	16.11.1958
PAN.:	ADBPG1223B
Name :	Mr. Sanjeevan N.
Designation :	Senior General Manager (Finance Department)

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 20.09.2013

Names of Shareholders	No. of Shares
Maniyamkode Veerendralumar Srayams Kumar	580
Maniyamkode Padmaprabha Veerendrakumar	226
Parayarukandi Vettath Chandran	220
Maniyamkode Jinachandran Vijaya Padman	178
Parayarukandy Vettath Gangadharan	200
Kalpena Krishnamphan	159
Parayarukandi Vettath Nidhish	198
Namitha Vijaypadman	0
Smt. Remadevi P., Bindu P.,Sindhu P.	55
K.K. Shridharan Nair	51
Vattaparambil Bhaskara Menon	50
C. C. Jayram	50
Anakkara Vadakath Madhavan Achuthan	50
P. V. Sherin	48
P. V. Hemlatha	43

Equity Share Break up (Percentage of Total Equity)

As on 20.09.2013

Category	Percentage
Directors or relatives of Directors	69.00
Other top fifty shareholders	21.00
Others	10.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Subject is Engaged in Printing and Publishing of Newspaper.

Products :

Product Description	Item Code
Newspaper	490210.01
Periodicals	490290.02

GENERAL INFORMATION

No. of Employees :

2000 (Approximately)

Bankers :

• State Bank of Travancore, Kozhikode Main Branch, Ymca Road, Kozhikode – 673001, Kerala, India
• Canara Bank, Cherooty Road, Calicut, Kerala, India
• Andhra Bank, Calicut Branch, Kozhikode – 673002, Kerala, India
• Vijaya Bank, Cherootty Road, Calicut – 673032, Kerala, India

Facilities :

SECURED LOAN

(Rs. In Millions)

Particulars	As on 31.03.2013
LONG-TERM BORROWINGS
Rupee term loans from others	969.310
Differed payment liabilities	138.634
SHORT-TERM BORROWINGS
Working capital loans from banks Security of Stock of raw materials, goods in process, finished goods, stores and spare parts and book debts and also equitable mortgage of landed propreties.	493.872
Total	1601.816

(Rs. In Millions)

Particulars	As on 31.03.2012
LONG-TERM BORROWINGS
Term loans from banks Security of Equitable Mortgage of immovable properties and hypothecation of movable properties of the company	705.398
SHORT-TERM BORROWINGS
Rupee term loans from others	109.700
Working capital loans from banks Security of Stock of raw materials, goods in process, finished goods, stores and spare parts and book debts and also equitable mortgage of landed propreties.	305.761
Total	1120.859

Banking Relations :	---
Auditors :
Name :	K.K Thampan and Company Chartered Accountants
Address :	"Govardhan", Madhavan Nair Road, Calicut -673002, Kerala, India
PAN No.:	AAGPU5363E
Associates/Subsidiaries :	Kerala Transport Company KTC Automobile (Private) Limited KTC Offset Printers Kalpaka Advertising Agency Klapaka Service Station Mavoor Treade Links PVS Autombiles PVS Hositals

CAPITAL STRUCTURE

As on 20.09.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
7000	Equity Shares	Rs.500/- each	Rs.3.500 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
3429	Equity Shares	Rs.500/- each	Rs.1.715 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2013	31.03.2012
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	1.715	1.715
(b) Reserves & Surplus	1231.495	1199.316
(c) Money received against share warrants	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000
Total Shareholders’ Funds (1) + (2)	1233.210	1201.031
(3) Non-Current Liabilities
(a) long-term borrowings	1107.944	718.569
(b) Deferred tax liabilities (Net)	36.114	29.059
(c) Other long term liabilities	356.136	305.320
(d) long-term provisions	117.901	82.256
Total Non-current Liabilities (3)	1618.095	1135.204
(4) Current Liabilities
(a) Short term borrowings	493.872	415.461
(b) Trade payables	570.508	581.170
(c) Other current liabilities	825.811	432.026
(d) Short-term provisions	508.655	688.496
Total Current Liabilities (4)	2398.846	2117.153
TOTAL	5250.151	4453.388
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	2619.522	1863.055
(ii) Intangible Assets	165.383	145.490
(iii) Capital work-in-progress	556.977	281.906
(iv) Intangible assets under development	0.000	0.000
(b) Non-current Investments	0.734	0.734
(c) Deferred tax assets (net)	0.000	0.000
(d) Long-term Loan and Advances	126.525	32.372
(e) Other Non-current assets	56.979	52.790
Total Non-Current Assets	3526.120	2376.347
(2) Current assets
(a) Current investments	0.000	0.000
(b) Inventories	332.829	327.846
(c) Trade receivables	747.702	605.142
(d) Cash and cash equivalents	174.158	185.054
(e) Short-term loans and advances	468.471	956.036
(f) Other current assets	0.871	2.963
Total Current Assets	1724.031	2077.041
TOTAL	5250.151	4453.388

SOURCES OF FUNDS		31.03.2011
SHAREHOLDERS FUNDS
1] Share Capital		1.715
2] Share Application Money		0.000
3] Reserves & Surplus		1039.529
4] (Accumulated Losses)		0.000
NETWORTH		1041.244
LOAN FUNDS
1] Secured Loans		680.717
2] Unsecured Loans		291.249
TOTAL BORROWING		971.966
DEFERRED TAX LIABILITIES		32.558
TOTAL		2045.768
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		1270.018
Capital work-in-progress		59.265
INVESTMENT		0.734
DEFERREX TAX ASSETS		0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	281.541
	Sundry Debtors	547.203
	Cash & Bank Balances	471.320
	Other Current Assets	10.169
	Loans & Advances	647.341
Total Current Assets		1957.574
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditor	363.233
	Other Current Liabilities	265.591
	Provisions	612.999
Total Current Liabilities		1241.823
Net Current Assets		715.751
MISCELLANEOUS EXPENSES		0.000
TOTAL		2045.768

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013
	SALES
		Income	4906.500
		Other Income	36.258
		TOTAL (A)	4942.758
Less	EXPENSES
		Cost of Materials Consumed	2031.565
		Purchases of Stock-in-Trade	42.353
		Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	1.147
		Employees benefits expense	1013.439
		Other expenses	1023.704
		Exceptional Items	(28.466)
		TOTAL (B)	4083.742
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		859.016
Less	FINANCIAL EXPENSES (D)		243.333
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		615.683
Less/ Add	DEPRECIATION/ AMORTISATION (F)		420.471
	PROFIT BEFORE TAX (E-F) (G)		195.212
Less	TAX (H)		108.874
	PROFIT AFTER TAX (G-H) (I)		86.338
	Earnings Per Share (Rs.)		25178.77

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income	4906.500	4226.073	3919.439
		Other Income	36.258	76.201	40.018
		TOTAL (A)	4942.758	4302.274	3959.457
Less	EXPENSES
		Consumption of materials changes in inventories	--	--	1523.696
		Cost of Materials Consumed	2031.565	1847.208	--
		Purchases of Stock-in-Trade	42.353	31.709	--
		Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	1.147	(1.858)	--
		Manufacturing service cost	--	--	301.072
		Employee related Expenses/ Employees benefits expense	1013.439	809.105	951.772
		Other expenses	1023.704	796.945	--
		Exceptional Items	(28.466)	(0.045)	--
		Administration selling other expenses	--	--	404.769
		TOTAL (B)	4083.742	3483.064	3181.309
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		859.016	819.210	778.148
Less	FINANCIAL EXPENSES (D)		243.333	182.922	88.658
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		615.683	636.288	689.490
Less/ Add	DEPRECIATION/ AMORTISATION (F)		420.471	275.993	194.029
	PROFIT BEFORE TAX (E-F) (G)		195.212	360.295	495.461
Less	TAX (H)		108.874	150.692	195.028
	PROFIT AFTER TAX (G-H) (I)		86.338	209.603	300.433
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		NA	0.343	0.234
	APPROPRIATIONS
	Transfer to General Reserve
	Dividend		NA	NA	300.324
	Tax on Dividend
	BALANCE CARRIED TO THE B/S		NA	NA	0.343
	Earnings Per Share (Rs.)		25178.77	61126.57	87615.00

Particulars	31.03.2014
Sales Turnover (Approximately)	5500.000

The above information has been parted by Mr. Sanjeevan N. [Senior General Manager (Finance Department)]

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
PAT / Total Income	(%)	1.75	4.87	7.59
Net Profit Margin (PBT/Sales)	(%)	3.98	8.53	7.67
Return on Total Assets (PBT/Total Assets}	(%)	4.16	8.64	15.35
Return on Investment (ROI) (PBT/Networth)		0.16	0.30	0.48
Debt Equity Ratio (Total Debt /Networth)		1.30	0.94	0.93
Current Ratio (Current Asset/Current Liability)		0.72	0.98	1.58

FINANCIAL ANALYSIS

[all figures are in Rupees Millions]

DEBT EQUITY RATIO

Particular	31.03.2012	31.03.2013
	(Rs. In Millions)	(Rs. In Millions)
Share Capital	1.715	1.715
Reserves & Surplus	1199.316	1231.495
Net worth	1201.031	1233.210
long-term borrowings	718.569	1107.944
Short term borrowings	415.461	493.872
Total borrowings	1134.030	1601.816
Debt/Equity ratio	0.944	1.299

YEAR ON YEAR GROWTH

Year on Year Growth	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	3919.439	4226.073	4906.500
		7.823	16.101

NET PROFIT MARGIN

Net Profit Margin	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	3919.439	4226.073	4906.500
Profit	300.433	209.603	86.338
	7.67%	4.96%	1.76%

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check List by Info Agents	Available in Report (Yes / No)
1]	Year of Establishment	Yes
2]	Locality of the firm	Yes
3]	Constitutions of the firm	Yes
4]	Premises details	No
5]	Type of Business	Yes
6]	Line of Business	Yes
7]	Promoter's background	Yes
8]	No. of employees	Yes
9]	Name of person contacted	Yes
10]	Designation of contact person	Yes
11]	Turnover of firm for last two years	Yes
12]	Profitability for last three years	Yes
13]	Reasons for variation <> 20%	----------------------
14]	Estimation for coming financial year	No
15]	Capital in the business	Yes
16]	Details of sister concerns	Yes
17]	Major suppliers	No
18]	Major customers	No
19]	Payments terms	No
20]	Export / Import details (if applicable)	No
21]	Market information	----------------------
22]	Litigations that the firm / promoter involved in	Yes
23]	Banking Details	Yes
24]	Banking facility details	Yes
25]	Conduct of the banking account	----------------------
26]	Buyer visit details	----------------------
27]	Financials, if provided	Yes
28]	Incorporation details, if applicable	Yes
29]	Last accounts filed at ROC	Yes
30]	Major Shareholders, if available	Yes
31]	Date of Birth of Proprietor/Partner/Director, if available	Yes
32]	PAN of Proprietor/Partner/Director, if available	Yes
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	Yes

DETAILS OF LITIGATIONS

KERALA HIGH COURT

CASE STATUS INFORMATION SYSTEM

Case Status         :  PENDING

Status of           : INSURANCE APPEALS   1        of    2013           

ESI CORPORATION                 Vs.                  THE MATHRUBHUMI PRINTING AND PUBLISHING COMPANY

Pet's Adv.            :   SRI.THOMAS MATHEW NELLIMO                   

Res's Adv.           :     SRI. U. K. RAMKRISHNAN (SR.)

Last Listed On : Tuesday, May 27, 2014     

Category              :   ESI ACT

CONNECTED APPLICATION (S)	CONNECTED MATTER (S)
No Connected Application.	No Connected Cases.

Case Updated on:   Tuesday, May 27, 2014    

UNSECURED LOAN

Rs. In Millions

Particular	As on 31.03.2013	As on 31.03.2012
Long-term borrowings
Other loans and advances	0.000	13.171
Total	0.000	13.171

INDEX OF CHARGES

S.No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10504232	05/03/2014	240,000,000.00	STATE BANK OF TRAVANCORE	MAIN BRANCH, KANNUR ROAD, CALICUT, KERALA -673001, INDIA	C07359904
2	10452354	26/08/2013	160,000,000.00	STATE BANK OF TRAVANCORE	MAIN BRANCH, KOZHIKODE, CALICUT, KERALA - 673001,  INDIA	B86381449
3	10331235	22/07/2013 *	848,400,000.00	STATE BANK OF TRAVANCORE	MAIN BRANCH, KOZHIKODE, CALICUT, KERALA - 673001,  INDIA	B84547298
4	10291166	22/07/2013 *	350,000,000.00	STATE BANK OF TRAVANCORE	MAIN BRANCH, KOZHIKODE, CALICUT, KERALA - 673001,  INDIA	B84820448
5	10282859	22/07/2013 *	600,000,000.00	STATE BANK OF TRAVANCORE	MAIN BRANCH, KOZHIKODE, CALICUT, KERALA - 673001,  INDIA	B84535624
6	10184406	22/07/2013 *	206,200,000.00	STATE BANK OF TRAVANCORE	MAIN BRANCH, KOZHIKODE, CALICUT, KERALA - 673001,  INDIA	B84357029
7	10141524	20/12/2008	200,000,000.00	STATE BANK OF TRAVANCORE	KOZHIKODE MAIN BRANCH, KANNUR ROAD, CALICUT, KERALA - 673003, INDIA	A56422215
8	10106255	28/05/2008	68,000,000.00	STATE BANK OF TRAVANCORE	KOZHIKODE MAIN BRANCH, KOZHIKODE, KERALA - 673001,  INDIA	A39767884
9	10106256	08/05/2008	30,000,000.00	STATE BANK OF TRAVANCORE	KOZHIKODE MAIN BRANCH, KOZHIKODE, KERALA - 673001,  INDIA	A39764501
10	10048068	03/03/2007	30,000,000.00	VIJAYA BANK	CHEROOTTY ROAD, CALICUT, CALICUT, KERALA - 673001  , INDIA	A14106298

* Date of charge modification

FIXED ASSETS

• Land (Leasehold and Freehold)
• Building
• Plant and Machinery
• Furniture
• Vehicles

CMT REPORT (Corruption, Money Laundering & Terrorism]

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

1] INFORMATION ON DESIGNATED PARTY

No exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

2] Court Declaration :

No exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

3] Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

4] Record on Financial Crime :

Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

6] Records on Int’l Anti-Money Laundering Laws/Standards :

Charges or investigation registered against subject: None

7] Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

8] Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

9] Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

10] Press Report :

No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

CONTRAVENTION

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs. 60.09
UK Pound	1	Rs.102.39
Euro	1	Rs. 81.88

INFORMATION DETAILS

Information Gathered by :	PDT
Analysis Done by :	KRN
Report Prepared by :	ASH

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	6
OPERATING SCALE	1~10	7
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	7
--PROFITABILIRY	1~10	7
--LIQUIDITY	1~10	7
--LEVERAGE	1~10	7
--RESERVES	1~10	7
--CREDIT LINES	1~10	6
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	YES
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		60

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
--	NB	New Business	--

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.